Authoriszor Inc. Delisted From the Nasdaq National Market; Eligible for Trading on OTC Bulletin Board Under Symbol ``AUTH''.Business Editors HARROGATE, United Kingdom--(BUSINESS WIRE)--March 14, 2002 Authoriszor Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AUTH AUTH Authority/Authorization/Authorized AUTH Author Auth Authentication AUTH Aristotle University of Thessaloniki AUTH Authentication Service ), a provider of full service technology consulting and secure Internet access solutions, announced today that the Company's common stock has been delisted from the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market as a result of the Company's failure to comply with the minimum net tangible assets Net Tangible Assets Calculated as the total assets of a company, minus any intangible assets such as goodwill, patents and trademarks, less all liabilities and the par value of preferred stock. Also known as "net asset value" or "book value". and minimum stockholders' equity requirements for continued listing on the NASDAQ National Market, set forth in Marketplace Rule 4450(a)(3). Effective today, the Company's common stock is eligible to begin trading on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol "AUTH." The OTC Bulletin Board is a regulated quotation service that displays real-time quotes, last sales prices and volume information in over-the-counter equity securities. OTC Bulletin Board securities are traded by a community of registered market makers that enter quotes and trade reports. Information regarding the OTC Bulletin Board can be found at http://www.otcbb.com. Authoriszor continues to file reports with the Securities and Exchange Commission. Those reports are available on the SEC's website at http://www.sec.gov. About Authoriszor Inc. Authoriszor Inc. is primarily a provider of technology consulting services and integrated securities solutions, to a wide range of organizations in the e-commerce, security and workflow sections of the information technology industry internationally. Authoriszor also provides a patent-pending suite of security software products. With respect to our technology consulting services unit, Authoriszor, through its subsidiaries WRDC WRDC Western Rural Development Center WRDC Women in Resource Development Committee WRDC World Radiation Data Centre WRDC Wisconsin Rural Development Center WRDC Wyoming Rural Development Council WRDC Wright Research and Development Center Ltd. and Logsys Solutions Ltd., seeks to discover the competitive advantages that are available in an increasingly competitive and rapidly changing world for its customers. For more information about Authoriszor, visit www.authoriszor.com. Authoriszor, Authoriszor 2000, SZ logo, A Logo and "Secures the Web" are trademarks or registered trademarks of Authoriszor Inc. or its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Authoriszor Ltd., in the United States, UK and other countries. |
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